Do you know your credit scores? - 05/13/09 10:28 PM
Banks, mortgage lenders, auto finance and consumer credit companies have always looked at credit scores as one of the factors when evaluating if and how much credit they give to someone. These companies and now insurance companies are utilizing credit scores as a much bigger factor than they were before.
For example; a year ago in the mortgage industry a person with a 650 credit score would have received the same interest rate as someone with a 750 or even 850 credit score. But with the credit tightening that has gone on for the last several months…all of that has changed. … (0 comments)

Are You On The Fence? Now’s The Time to Jump Off - 05/06/09 10:48 PM
Intrepid first-time homebuyers jumped off the fence and made an important impact on the housing market this week. Pending home sales rose 3.2 percent in March, according to the National Association of Realtors Pending Home Sales Index. Closer to home the news is even better–pending home sales in St. Charles County rose 26 percent in March, says Karen Vennard, president of the St. Charles County Association of Realtors.Investors liked the news too. Infused with a sense of optimism about the economy, the stock market responded with the Dow Jones Industrial gaining 214 points and the Nasdaq 44 points in one day.First-timers … (0 comments)